A new proposed state law could potentially lead to increased demolitions in coastal cities, which is seen as a troubling development. The law would limit the local government’s control over building regulations, and it would allow private developers to demolish buildings. Critics argue that this could lead to excessive development and demolitions, particularly in environmentally sensitive areas. Coastal cities, which are already facing challenges due to rising sea levels, are likely to be the most affected by the proposed law. Miami Beach would not be protected and all the Art Deco buildings may be impacted.
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Tags: Florida, Miami, Miami Real Estate, properties, real estate, real estate blog, real estate market, real estate trends
Tom Brady and Gisele Bündchen are undoubtedly one of the most influential and successful celebrity couples in the world. In addition to their impressive careers, the couple has also built an impressive real estate portfolio that spans across several states, including South Florida.
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Tags: broker, Florida, Luxury, Miami, Miami condos, Miami Real Estate, properties, real estate, real estate trends, realtor, South Beach real estate, tom brady
It’s not the first time we mention how climate weather is affecting Miami’s landscape. In our article “Miami’s great initiatives to combat climate change” we explained how Miami’s local government is developing new ways to reduce the long-term risk of flooding and stabilize the region’s economy. This time I wanted to explore a little deeper one innovative development that is reducing the flooding risk and is creating a cool trend at the same time!
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Tags: Miami, miami developments, miami initiatives, Miami Real Estate, miami real estate trend, miami trends, miami under water, properties, real estate, real estate blog, real estate market, real estate news, real estate trends, real estate usa
In the past, Miami’s developments were strictly targeted to buyers. Developers were building with the only purpose of selling as many units as possible, but we have seen in the past few years the beginning of a new trend. Miami is becoming more and more a city of renters and even more short term renters. This has pushed high-end units to change their strategy.
In a seasonal city as Miami, units are more attractive if they allow rentals, the shorter the better. For instance, new developments as the Panorama Tower on Brickell, unlikely its older peers, is now seeking to target leasing deals.
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Tags: condo, condo living, coventional, Downtown Miami, Florida, loan, miami apartments, Miami condos, Miami Real Estate, properties, real estate, real estate blog, real estate estrategy, real estate market, real estate market 2018, real estate news, real estate sales, real estate trends, rent, rent in miami, rentals, short-term rent, South Beach, South Beach real estate, Trend Miami real estate market
It is not a surprise that the Florida’s real estate market isn’t in its best shape today. The market has been facing different barriers that haven’t allowed it to grow as the some years before. In this week’s article I will explain some of the biggest problems that the industry is trying to bear.
1. Climate Change
We have all heard rumors saying that Miami is going to flood under water in a few years. Unfortunately, we have to say, somehow it is not false.
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Tags: condo, condo living, condominium, Dade county, Florida, Miami, Miami condos, Miami Dade, Miami Real Estate, properties, real estate, real estate blog, real estate challenges, real estate market, real estate news, real estate sales, real estate tips, real estate trends, South Beach, tips, trump
Are you planning to buy your first house and don’t know what price range to search for? Or are you only curious about how much is your price-to-income guideline? Well, this was the main questions the study of Hosing Markets and Finance made by the American Enterprise Institute’s Center (A.E.I.) was trying to solve.
If you were trying to find a magical equation that gave you the specific amount you can spend on buying a new home, I am sorry to tell you that it is a bit more difficult than that.
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Tags: buy condo, Buy in Miami, buy miami condos, calculate price to buy, house price, income, loan, Miami Real Estate, price to income, properties, purchase a condo, purchase a property, real estate, real estate blog, real estate house prices., real estate market, real estate market trend usa, real estate news, real estate sales, real estate tips, real estate usa, tips
According to the public records compiled by Cranespotter, Miami’s real estate has suffered of a downshift that is just now starting to recover.
Out of 350 units over the $5 million dollars that are today on the market, only 6 units are sold per month. And out of this closed deals, 96% of them had to decrease their price for closing. However, the average percentage of reduction is only 5% under the listing price. Investors are just trying to get rid of their South Florida real estate assets.
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Tags: Brickell real estate, condo, condominium, Downtown, Downtown Miami, Florida, housing bubble, Miami, Miami condos, Miami Real Estate, properties, real estate, real estate blog, real estate market, real estate news, real estate sales, real estate trends, South Beach, South Beach real estate, World news
Whoever tells you that the real estate market is like a roller coaster ride, is obviously not referring to Miami! The Miami Association of Realtor and the Multiple Listing Service (MLS) system, had announced the third quarter (Q3) 2018 sales report for Miami’s real-estate. It seems that nothing can stop their winning streak!
For the 27th consecutive quarter, Miami’s houses, condos and single family homes sales surged. Not even Hurricane Irma was able to slowdown the real estate sales growth in Miami.
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Tags: condo, condo living, Dade county, Downtown, Florida, Miami, Miami condos, Miami Dade, Miami Real Estate, properties, real estate, real estate blog, real estate market, real estate news, real estate sales, real estate tips, real estate trends, real estate usa, South Beach, South Beach real estate, tips, trends real estate miami
It is not a secret that the down peak of the Miami Real Estate’s cycle is here. But even if it sounds like bad news, it is not at all!
Miami real estate has been following a sequence since the early industry boom in the 2000. This means that if we have arrived at the bottom line, it will have a fast bounce soon.
The whole industry has followed the same pattern, but the ultra-luxury houses’ had shown the most drastic impact.
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Tags: condoideas, condoideas realty group, Downtown Miami, Downtown Miami condos, Florida, luxury living, Miami, miami beach house, Miami Dade, miami housing bubble, Miami Real Estate, properties, purchase a house, real estate, real estate blog, real estate market, real estate tips, real estate trends, South Beach, South Beach real estate, spec house, tips, World news
According to Miami Association of Realtors, the foreign investment in South Florida climbed up to $7.1 billion dollars in 2017. That is a significant increase of approximately 15% compared to 2016 where the number was only $6.2 billion dollars. Unsurprisingly, most of the foreign buyers are coming from South America. In fact, the political and economic crisis in the area are pushing the wealthy to park their money into a safer environment.
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Tags: Canada, condo, condo living, condoideas, condoideas realty group, condominium, Continuum, Dade county, Downtown, Downtown Miami, Downtown Miami condos, Florida, luxury living, Miami, Miami condos, Miami Dade, Miami Real Estate, properties, real estate, real estate blog, real estate market, real estate tips, real estate trends, South Beach, South Beach real estate, tips, World news
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